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From the chronic under-investment facing Birmingham to a case study in dysfunction, this series explores the infrastructure challenges facing the UK
...Thames Water, which has 16mn customers, equivalent to a quarter of the UK’s population, said more than 30 per cent of its network was not mapped....
...That has left the company rushing to raise more than £3bn in fresh capital by 2030, including £750mn by next year, to keep services running and improve its water and sewage infrastructure....
...Plans to make Cambridge a UK centre for growth and innovation are at risk of stalling because of a chronic lack of infrastructure, a group of leading academics, developers and tech business leaders has warned...
...The £78bn payout is nearly half the £190bn the companies spent in the same three decades on infrastructure....
Utility wants to raise bills by 56% by 2030 in effort to stop investors walking away
...Water UK, which represents the industry, said: “While increasing bills is never welcome there is an urgent need to invest in our country’s infrastructure to ensure the security of our water supply and reduce...
...The National Infrastructure Commission, which advises the government on infrastructure, said in 2018 that the UK would need between 2.5bn and 4bn litres of additional water capacity in England per day by...
...Armitt’s intervention follows a warning by the NIC in its latest five-yearly assessment of UK infrastructure that “significant deficiencies” were holding the country back....
Commenters discuss the state of Britain’s roads and share their experiences ahead of local elections — join the debate
...Mind you, if they did, it would only exacerbate the current inadequacy of the UK’s electricity distribution network to supply the chargers. Charles Mercey Tellisford, Somerset, UK...
...Despite the problems at Thames Water, Hunt defended the UK’s as a destination for foreign investment, describing the country as “one of the most attractive places on the planet in terms of infrastructure...
...Insurer Aviva and Rock Rail, a UK-based owner and asset manager of rolling stock, have teamed up with the UK’s state-owned infrastructure investment bank to come up with a new way of funding the costly decarbonisation...
...If the government is forced to renationalise, the closest parallel may be Railtrack, the rail infrastructure company....
...and infrastructure....
...The head of the UK’s National Infrastructure Commission has said he does not believe the government should tell pension schemes where to invest their members’ money....
...The UK government’s top infrastructure adviser has hit out at a drive to push pension schemes to invest more in Britain, saying there is “no reason” funds should have a home bias....
...will need to fund a major upgrade of creaking infrastructure....
...The Local Government Association, the representative body for councils in England and Wales, pointed to OECD figures showing that spending on local road maintenance in the UK halved between 2006 and 2019...
...Much more so than British Rail,” he added, referring to the former UK state-owned rail company pre-privatisation....
...They also cited infrastructure problems and the weather....
...A failure at Thames Water could spread to other water companies and other essential infrastructure, according to investors surveyed by Barclays Research....
...Water companies are increasingly coming under fire for loading themselves with debt while paying out lucrative dividends to shareholders and pay to executives, but not investing sufficiently in vital infrastructure...
...Legacy infrastructure matters too. Upgrading the UK’s Victoria-era routes is not easy. And then there’s regulation....
...Only about 250,000 homes were built across the UK last year. The planning system also makes broader infrastructure costs and delays far worse....
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